East Japan Railway Company (JP:9020) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
East Japan Railway Company (JR East) reported a notable improvement in its financial performance for the six-month period ended September 30, 2024, with operating revenues increasing by 7.3% and profit attributable to owners rising by 19.4% compared to the previous year. This growth was supported by a 3 for 1 stock split conducted earlier in the year, contributing to a rise in earnings per share. The company remains optimistic about its fiscal year outlook, projecting further revenue and profit growth.
For further insights into JP:9020 stock, check out TipRanks’ Stock Analysis page.